Avantax Advisory Services Inc. Acquires 1,589 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Avantax Advisory Services Inc. raised its holdings in United Airlines Holdings, Inc. (NASDAQ:UAL) by 17.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,520 shares of the transportation company’s stock after buying an additional 1,589 shares during the quarter. Avantax Advisory Services Inc.’s holdings in United Airlines were worth $1,022,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of UAL. CIBC Asset Management Inc grew its holdings in shares of United Airlines by 8.5% in the 3rd quarter. CIBC Asset Management Inc now owns 47,956 shares of the transportation company’s stock worth $2,736,000 after purchasing an additional 3,748 shares during the last quarter. Natixis Advisors LLC grew its holdings in shares of United Airlines by 18.9% in the 3rd quarter. Natixis Advisors LLC now owns 85,680 shares of the transportation company’s stock worth $4,889,000 after purchasing an additional 13,642 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in shares of United Airlines by 1,464.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 207,603 shares of the transportation company’s stock worth $11,846,000 after purchasing an additional 194,337 shares during the last quarter. Quest Partners LLC grew its holdings in shares of United Airlines by 268.7% in the 3rd quarter. Quest Partners LLC now owns 2,791 shares of the transportation company’s stock worth $159,000 after purchasing an additional 2,034 shares during the last quarter. Finally, Commerce Bank grew its holdings in shares of United Airlines by 1.1% in the 3rd quarter. Commerce Bank now owns 17,620 shares of the transportation company’s stock worth $1,005,000 after purchasing an additional 196 shares during the last quarter. Institutional investors own 69.69% of the company’s stock.

United Airlines Stock Performance

Shares of NASDAQ:UAL opened at $74.43 on Thursday. The company has a market capitalization of $24.36 billion, a price-to-earnings ratio of 7.89, a P/E/G ratio of 0.67 and a beta of 1.41. The firm’s 50 day simple moving average is $97.76 and its 200 day simple moving average is $84.98. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. United Airlines Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $116.00.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Tuesday, January 21st. The transportation company reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $2.96 by $0.30. The business had revenue of $14.70 billion for the quarter, compared to the consensus estimate of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. United Airlines’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period last year, the company posted $2.00 EPS. As a group, sell-side analysts forecast that United Airlines Holdings, Inc. will post 12.96 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on UAL shares. UBS Group upped their target price on shares of United Airlines from $139.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Raymond James reissued an “outperform” rating and set a $130.00 price objective (up previously from $120.00) on shares of United Airlines in a report on Thursday, January 23rd. Bank of America decreased their price objective on shares of United Airlines from $125.00 to $110.00 and set a “buy” rating on the stock in a report on Wednesday, March 12th. Susquehanna reissued a “hold” rating on shares of United Airlines in a report on Tuesday, February 25th. Finally, Dbs Bank raised shares of United Airlines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 26th. Two investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $114.95.

United Airlines Company Profile

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.